Waterfront lot on beautiful Watts Bar Lake is ready for your dream home to be built. Lakefront Estates is a quiet gated community with walking trails, clubhouse, stone gazebos, boat launch and community dock. Lot is gently sloping with easy access to waterfront.
Vacant landProperty Type
0.82 acresLot Size
$2,496,051Price/Acres
Listed by • Greater Downtown Realty dba Keller Williams Realty
Waterfront lot on beautiful Watts Bar Lake is ready for your dream home to be built. Lakefront Estates is a quiet gated community with walking trails, clubhouse, stone gazebos, boat launch and community dock. Lot is gently sloping with easy access to waterfront.
REALTRACS as Distributed by MLS Grid #2723929
Jan 15, 2021
Sold
$200,000
Knoxville MLS #849973
Jun 14, 2013
Listed
$240,000
Knoxville MLS #718759
Jun 12, 2010
Listed
$399,900
Knoxville MLS #668222
Jun 7, 2009
Listed
$399,900
Knoxville MLS #616816
May 29, 2008
Listed
$399,900
Year
Property tax
Land + Additions
Assessment*
2025
$5,707
2024
$5,707 (+37.6%)
2023
$4,148 (+320.7%)
2022
$986
2021
$986
2020
$986
2019
$986 (+2.6%)
2018
$961
2017
$961
2016
$961 (+4.8%)
2015
$917
2014
$917
Tax history for 591 Waterfront Way
Year
Property tax
Land + Additions
Assessment*
2025
$5,707
2024
$5,707 (+37.6%)
2023
$4,148 (+320.7%)
2022
$986
2021
$986
2020
$986
2019
$986 (+2.6%)
2018
$961
2017
$961
2016
$961 (+4.8%)
2015
$917
2014
$917
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
0.82 Acres
Year renovated
2023
Sq. Ft.
4,532
Year built
2023
Style
Single Family Residential
County
Rhea County
APN
044G C 03800 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
Property details
Exterior
Property Information
Property Type: Land
Has View
Land Information
Current Use: Unimproved
Lot Information
Lot Features: Other
Lot Size Area: 0.82
Lot Size Units: Acres
Lot Size Acres: 0.82
Lot Size Dimensions: 30.42 X 341.31 IRR
Lot Size Source: Agent Calculated
Road Surface Type: Paved
Road Frontage Type: Private Road
Financial
Tax Information
Tax Annual Amount: $986
Location
School Information
Elementary School: Spring City Elementary
Middle Or Junior High School: Spring City Middle School
High School: Rhea County High School
Location Information
Directions: Hwy 27 North from Dayton, Right on Hwy 68 - Watts Barr Hwy, left on Wolf Creek Road, right at fork in road on Pin Hook Road, Left into Lakefront Estates on Waterfront Way, lot on left.
Topography: OTHER
Public facts
Beds: —
Baths: 6.0
Sq. Ft.: 4,532
Stories: 2.0
Lot Size: 0.82 acres
Style: Single Family Residential
Year Built: 2023
Year Renovated: 2023
County: Rhea County
APN: 044G C 03800 000
Home facts updated by county records on Jul 23, 2026
Around this home
Schools
Spring City Elementary School
Public PreK-5 • Assigned • 4.1mi
8/10
Spring City Middle School
Public 6-8 • Assigned • 4.8mi
7/10
Rhea County High School
Public 9-12 • Assigned • 9.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
3/10 Wind Factor
7% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Spring City, TN • 37381
Average low and high temperatures (°F)
45
27
55
34
69
43
76
52
76
59
85
67
88
71
84
67
82
63
73
51
63
44
52
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.95M – $2.35M
Sell confidently with a local market expert in Spring City. 3 minutes to get started.